Second leak at North Sea oil platform forces evacuation

LONDON: An oil leak at a North Sea platform caused it to be partially evacuated on Saturday, its Middle East operator said, the second such incident at the installation in less than two months.

The Alpha Cormorant platform and the pipeline system it services were shut down as a precaution, operator Abu Dhabi National Energy Company (TAQA) said in a statement.

The company said it had evacuated 71 of its 145 non-essential staff from the platform, situated 160 kilometres northeast of Lerwick on the Shetland Islands north of Britain, and that everyone was safe and well.

"TAQA Bratani can confirm that a hydrocarbon release detected in one of the Cormorant Alpha platform legs has now been contained, with no further hydrocarbon release," the company said.

"TAQA continues to monitor the situation on Cormorant Alpha and is working with its partners to have the Brent pipeline system operational as soon as possible."

The leak was discovered during maintenance work at 0940 GMT on Saturday morning, TAQA said.

The company said no oil was released into the environment during the leak.

A similar leak occurred at the platform on January 15, also causing the shutdown of the platform and the pipeline infrastructure.

Cormorant Alpha, which was built in 1978, handles about 90,000 barrels per day of crude oil, of which 42,600 are produced by TAQA.

- AFP/jc

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Zionism row casts cloud over Kerry's Turkey visit

ANKARA: US Secretary of State John Kerry held talks with Turkey's leaders on the Syria crisis Friday amid a row over comments by the Turkish premier branding Zionism a "crime against humanity."

"Obviously we disagree with that, we find it objectionable," Kerry said at a joint press conference in Ankara, referring to a speech delivered by Prime Minister Recep Tayyip Erdogan that likened Zionism to fascism and anti-Semitism.

Kerry said he would raise the issue "very directly" with Erdogan and express Washington's hopes to see the two "vital allies" work together.

He met later Friday with Erdogan and had a "respectful but frank discussion of the prime minister's speech in Vienna," a senior State Department official said.

"The Secretary made US concerns very clear. The US and Turkish side agreed to stay in very close touch about the whole range of related issues, including their shared commitment to Middle East peace," the official said..

The top US diplomat's visit to Turkey came a day after Washington announced that it would for the first time provide direct aid to Syrian rebels in the form of food and medical supplies as well as $60 million in extra assistance to the political opposition.

But the discussions were overshadowed by renewed tension between Turkey and Israel, two major US allies, following comments Erdogan made earlier this week at a UN-sponsored forum in Vienna.

"As is the case for Zionism, anti-Semitism and fascism, it is inevitable that Islamophobia be considered a crime against humanity," Erdogan said on Wednesday.

Kerry said it was essential for Turkey and Israel to rekindle their "historic cooperation" but the situation got more complicated "in the aftermath of the speech that we heard in Vienna."

Turkish-Israeli relations have remained in free fall since Israeli troops raided a Gaza-bound Turkish aid ship in 2010, killing nine people.

"We have never made any hostile remarks against any nation," Turkish Foreign Minister Ahmet Davutoglu said in response to a question over Erdogan's remarks.

"If you want to talk about hostile you can call Israel's attitude that, after it killed nine civilians on high seas," he added.

"If some countries acted in a hostile way against our citizens' right to life, allow us to reserve our right to make a statement."

The incident strained bilateral military and diplomatic ties and left Washington in a bind to mend relations between its two key allies in the region.

Erdogan's comments were branded as "a dark and mendacious statement," by Israeli Prime Minister Benjamin Netanyahu while Washington said "characterisation of Zionism as a crime against humanity... is offensive and wrong."

A US official travelling with Kerry on his first trip abroad since taking over as secretary of state from Hillary Clinton said Washington was "dismayed" to hear Erdogan's remarks.

"This was particularly offensive frankly," said the official who requested anonymity.

Dealing with Syria, terrorism

As part of their agenda, Kerry and Davutoglu also discussed the nearly two-year civil war in neighbouring Syria which has killed at least 70,000 people according to the UN.

"Together we work to strengthen the Syrian opposition so that we are in a position now to be able to do more," Kerry said, adding that the US and Turkey were trying to reduce the money "flowing to Assad regime's war machine."

"There is no legitimacy in a regime that commits atrocity against its own people," he said.

Turkey, once a close ally of Syria, has joined the United States in its campaign to oust the regime of President Bashar al-Assad and has given shelter to Syrian rebels and to nearly 200,000 refugees along its volatile border.

In January, the US began deploying Patriot missiles, along with Germany and the Netherlands, as part of a NATO mission to protect Turkey from any spillover of the Syrian conflict.

Turkey had requested the measure after several cross-border shelling incidents, including one in October that killed five civilians.

Kerry also attended a memorial ceremony in Ankara, in honour of the US embassy guard who was killed in a February 1 suicide attack claimed by the fiercely anti-US Marxist group the Revolutionary People's Liberation Front (DHKP-C).

"The United States stands strongly with Turkey, our NATO ally, in the fight against terrorism in all its forms," including DHKP-C, al-Qaeda and the Kurdistan Workers' Party (PKK), Kerry said.

Also on the agenda during the talks was Washington's pressure for increasing sanctions on Iran over its disputed nuclear programme.

-AFP/ac

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Facebook buys advertising firm from Microsoft

SAN FRANCISCO: Facebook agreed Thursday to buy Atlas Advertiser Suite from Microsoft as part of an effort to boost ad revenues at the massive social network.

Terms of the deal were not disclosed.

"Atlas is a leader in campaign management and measurement for marketers and agencies. We believe this acquisition will benefit both marketers and users," Facebook's Brian Boland said in a blog post.

Atlas was part of the aQuantive group acquired by Microsoft, which ended up in a writedown and loss for Microsoft last year.

Microsoft's Dave O'Hara said the deal "will strengthen our existing partnership" with Facebook "for the benefit of both companies and their respective long-term visions."

Facebook has become the world's biggest social network with more than one billion users, but its stock has been hit by concerns about its ability to boost revenues and profitability.

The California group has been working on a number of advertising initiatives for both desktop and mobile Facebook applications.

Facebook shares rose 1.4 percent to end Thursday at $27.25.

- AFP/ac

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Football: Arsenal reveal plans for Bergkamp statue

LONDON: Arsenal revealed on Wednesday that they plan to honour former striker Dennis Bergkamp by erecting a statue of the Dutchman outside the Emirates Stadium.

Bergkamp follows in the footsteps of former team-mates Thierry Henry and Tony Adams and legendary Arsenal manager Herbert Chapman, who have already been commemorated in bronze statues outside the club's north London home.

Arsenal were forced to confirm plans for the tribute after an image of a cast for the statue appeared online.

"First of all, I am honoured that this is going to happen," Bergkamp said.

"It makes me very proud. Everyone knows that I love Arsenal and that I had a fantastic time at the club.

"For me and my family it was an important period in our lives. Next to that the people were great, the team was amazing and we had a lot of success over the years.

"I will do everything I can to be there when it will be unveiled. It will definitely be a special moment for me, which I don't want to miss."

Bergkamp scored 120 goals for Arsenal and won three league titles and four FA Cups during his 11-year tenure at the club.

"Dennis and everybody at Arsenal are slightly disappointed that some images have been leaked today of the statue in its development, but this will not detract from the excitement we have for the statue's unveiling in the coming months," said Arsenal chief executive Ivan Gazidis.

-AFP/ac

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Dollar edges higher as Bernanke confirms stimulus

NEW YORK: The dollar edged higher Tuesday against the euro after Ben Bernanke confirmed the US Fed's stimulus program would continue, while the yen traded flat ahead of the nomination of a new Bank of Japan chief.

At 2200 GMT the euro was at $1.3061, compared to $1.3065 late Monday. The euro remained under pressure after Italy's inconclusive election, which some fear could lead to more political trouble and policy stalemate in the country.

"Political uncertainty has increased in Italy following the election results weighing upon the euro and risk assets," said Lee Hardman, currency analyst at the Bank of Tokyo-Mitsubishi UFJ in London.

In Washington, Federal Reserve Chairman Bernanke quelled speculation of an early end to quantitative easing when he told a Senate panel that the Fed's stimulus program was having an impact and was still needed.

He said inflation remained subdued and the Fed was keeping its eye on any potentially risky behavior in the market due to low-interest rates.

The Fed policy board "remains confident that it has the tools necessary to tighten monetary policy when the time comes to do so," he added.

The yen was barely changed against the dollar at 91.93, and the euro was at 120.08 yen compared to 120.12 yen late Monday.

Markets were waiting for confirmation of who would be named to head the bank of Japan, after newspapers reported Monday that Asian Development Bank chief Haruhiko Kuroda, an advocate of a lower yen, would be named.

The British pound fell further, to $1.5126 from $1.5166 late Monday. The dollar was little changed on the Swiss franc, at 0.9315 francs.

-AFP/ac

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Berlusconi's vote gains hit euro; yen rebounds

NEW YORK: The strong election showing in Italy of former premier Silvio Berlusconi's party battered the euro Monday, amid worries a new coalition government could weaken Rome's commitment to reforms.

The euro rose in early trade amid the first exit polls from the two-day election, which suggested the center-left was on its way to a firm victory.

But later, data showed Berlusconi's party, and another rightist party, were neck-and-neck with rivals in the Senate race, suggesting it could end up part of a fractious coalition that could roll back Italy's deficit-cutting efforts.

At 2200 GMT, the euro was at $1.3065, down from $1.3189, after having risen to $1.3316 early in the day as European markets read the early poll results as keeping Berlusconi out of power.

Beyond Italy's election results, "the single currency remains poised to face additional headwinds over the near-term as the fundamental developments coming out of Europe point to a deepening recession," said David Song of DailyFX.

But commitment to the dollar was hanging on the testimony to Congress on Tuesday by Federal Reserve Chairman Ben Bernanke, with hopes he will clarify the Fed's direction amid some clear differences among policy-makers over how long to keep in place policies aimed at holding interest rates down.

Reports that the pro-stimulus Haruhiko Kuroda, currently head of the Asian Development Bank, would be nominated as Bank of Japan governor weakened the Japanese currency in early trade, with the dollar buying more than 94 yen.

But without official backup for those reports, the yen snapped back, the dollar dropping to 91.92 yen.

The euro also fell, to 120.12 yen from 123.18 late Friday.

"Mr. Kuroda's appointment would no doubt turn the BOJ policy to a much more accommodative stance," said Boris Schlossberg of BK Asset management.

"But the rally quickly fizzled... as there was no official confirmation from the government and traders took quick profits on the run-up."

The British pound held steady near where it dropped following Friday's sovereign downgrade by Moody's, which stripped London of its coveted AAA rating.

That sent the pound down to $1.5131, and on Monday it slipped beneath the $1.51 line before pulling back to trade at $1.5162 at 2200 GMT.

The dollar meanwhile rose to 0.9318 Swiss francs, compared to 0.9290 francs on Friday.

-AFP/ac

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Pakistan hit by nationwide blackout

ISLAMABAD: Pakistan was hit by a nationwide blackout for more than two hours after the breakdown of a major plant caused power stations to stop working across the country, officials said Monday.

While power cuts are common in Pakistan due to chronic underinvestment in infrastructure, outages across the whole country are rare.

Late Sunday's blackout occurred when the HUBCO plant in southwestern Baluchistan province, which generates 1,200 megawatts a day of electricity, developed a technical fault, said official Rai Sikandar.

That breakdown prompted a "cascading effect" which caused plants nationwide to shut down, said the water and power ministry official.

"It was a technical fault in one of our power plants and not in the national grid," he insisted, adding that electricity was gradually being restored across Pakistan after it remained off for more than two hours.

Another ministry official said power should be back on across the country within two hours.

He said that all 24 power stations in the capital Islamabad were working again and electricity was being restored in parts of all the country's four provinces.

"1,200 megawatts of electricity is back in the national grid with the restoration of different power stations," said the official.

He added an inquiry would look into the causes of the technical fault at HUBCO. "It would be pre-mature at this stage to speculate about the nature of the fault that caused the plant to fail."

- AFP/jc

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Berlusconi slams Europe's 'lords of austerity'

ROME: Italy's Silvio Berlusconi on Saturday said Europe's "lords of austerity" had tried to get rid of him, speaking in apparent breach of rules for candidates to stay silent the day before elections.

"I contradicted the lords of austerity who are now trying to get rid of me," Berlusconi was quoted by the ANSA news agency as saying in Milan in an interview with Greek television.

Leftist candidate Antonio Ingroia asked for sanctions against the billionaire tycoon but Berlusconi's office said the interview had been given only with the explicit agreement that it be released on Monday after polls close.

The comments were then widely quoted by Italian media.

In the interview, the scandal-tainted Berlusconi said outgoing prime minister Mario Monti was "subservient and always on his knees in front of Mrs Merkel (German Chancellor Angela Merkel) and now she does not want to lose him".

"The same thing would happen with (centre left leader and poll favourite Pier Luigi) Bersani. But I would give her a run for her money," he said.

"Austerity increases the public debt and lead to a recessionary spiral that pushes up unemployment and can result in the loss of social calm," he added.

Berlusconi, who is currently a defendant in two trials for tax fraud and for having sex with an underage prostitute, also said prosecutors were "a worse mafia than the Sicilian mafia".

Italians take to the polls on Sunday and Monday, Berlusconi expected to come a close second after Bersani.

- AFP/jc

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Pope to quit Twitter after stepping down: Vatican Radio

VATICAN CITY: The pope's official Twitter account, which has more than two million followers in nine languages, will close next week when Benedict XVI leaves office, Vatican Radio said Friday.

After a high-profile launch on December 12 under the name @pontifex, the pontiff's online musings quickly attracted over 1.5 million followers in English. Around a million other users of the site subscribe to his feeds in Italian, Spanish, German, French, Portuguese, Polish, Arab and even Latin and a Chinese account had been planned.

"It seemed unimaginable one could continue to use a communication tool that is so popular and powerful during the Sede Vacante (Vacant Seat) period," Vatican Radio said.

The leader of the world's 1.2 billion Catholics is expected to post his final tweet on February 27, when he will bid a farewell to ordinary Catholics at a general audience in St Peter's Square.

The account will then be closed on February 28 when Benedict formally steps down as pope, according to Vatican Radio.

No clear favourite has emerged yet to succeed Benedict but several cardinals tipped as possible candidates, including American Timothy Dolan, Odilo Scherer from Brazil and Gianfranco Ravasi and Angelo Scola from Italy, who are active Twitter users within the Church.

Benedict's bold move to become the first pope to join the Twittersphere sparked heated debate at the Vatican and within the Church. Supporters said it was a useful way to reach a younger generation, but some observers were dismayed to see that his pious posts invited a stream of mockery.

- AFP/jc

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Football: Laudrup tells Swansea to take initiative in final

LONDON: Swansea City coach Michael Laudrup said his side should have no concerns about being branded favourites ahead of their meeting with fourth-tier Bradford City in Sunday's English League Cup final.

Swansea will be appearing in their first major cup final, but their achievement pales in comparison to that of Bradford, who have eliminated three Premier League sides en route to Wembley Stadium.

League Two Bradford are the first team from the English fourth division to reach the League Cup final since Rochdale in 1962 and Laudrup said Swansea must be prepared to shake off their own underdog mindset as a result.

"I would think if you go back, it's very rare to see a major final between a small team in the top flight and a team from the lower leagues," said the Dane.

"When teams from lower down get to the final, it is normally against Manchester United, Manchester City, Chelsea, Arsenal, Tottenham or Liverpool -- like when Birmingham played Arsenal (in 2011).

"This is different because although we are one of the lower teams, we have to accept we are favourites and we must take the initiative in the game.

"We have no problem with that and we accept the majority of people will want Bradford to win as they are the underdogs.

"We have seen what they have done to Wigan, Arsenal and especially to Aston Villa over two legs.

"It is fantastic. If you say what we have done is a fairytale, then the fact Bradford are there is a huge fairytale."

Laudrup also confirmed that Spanish centre-back Chico Flores will not be available to play at Wembley after he ruptured ankle ligaments in the 4-1 league win over Queens Park Rangers on February 9.

"Chico tried today (Thursday) to go out and train, but it was much too early, we all knew that," said Laudrup.

"It is an injury you would normally estimate to be out for four to eight weeks and this Saturday would be two weeks.

"It is such an important game, but today he realised it is much too soon and he has to accept the fact."

In Flores' absence, Kyle Bartley and club captain Garry Monk will vie for the right to partner Ashley Williams in central defence.

Laudrup also revealed that German second-choice goalkeeper Gerhard Tremmel will continue between the posts, having been preferred to first-choice custodian Michel Vorm in Swansea's previous games in the competition.

- AFP/fa

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US stocks dive after Fed minutes

NEW YORK: US stocks piled up losses Wednesday after Federal Reserve minutes showed divisions over asset purchases, with some officials suggesting to wind them down before the jobs market picks up.

The Dow Jones Industrial Average finished down 108.13 points (0.77 percent) at 13,927.54.

The S&P 500-stock index fell 18.99 points (1.24 percent) to 1,511.95 and the tech-rich Nasdaq Composite dropped 49.18 points (1.53 percent) to 3,164.41, dragged down by heavyweight Apple, off 2.4 percent.

After opening mostly lower amid mixed housing and wholesale inflation data, the indexes hit fresh session lows after the Fed released the minutes of the January 29-30 Federal Open Market Committee meeting.

A "number" of participants said that an ongoing evaluation of the $85 billion per month asset purchases "might well lead the committee to taper or end its purchases before it judged that a substantial improvement in the outlook for the labor market had occurred," the minutes said.

Paul Edelstein of IHS Global Insight said in a research note that "if markets do not expect the Fed to stay the course, then expectations for economic growth and inflation will stay depressed and demand for safe assets (cash and government securities) will remain high."

Office Depot and OfficeMax meanwhile confirmed their merger after a premature announcement of the news.

The all-stock merger would create an $18 billion office supplies retailer. Office Depot shares slumped 16.7 percent and OfficeMax shed 7.0 percent.

Hotel chain Marriott fell 2.7 percent after posting quarterly results that missed expectations.

Luxury home builder Toll Brothers also suffered from disappointing earnings, losing 9.1 percent.

Dell, which reported a 32 percent profit fall in 2012 that was nevertheless slightly better than expected, rose 0.2 percent.

Yahoo! fell 1.7 percent after unveiling a new homepage.

Sony slid 1.2 percent ahead of its PlayStation 4 news conference

The bond market was mixed. The yield on the 10-year Treasury bond fell to 2.02 percent from 2.03 percent late Tuesday, while the 30-year edged up to 3.21 percent from 3.20 percent. Bond prices and yields move inversely.

-AFP/ac

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Google shares top $800 despite Microsoft challenge

NEW YORK: Internet search king Google's shares pushed past $800 for the first time Tuesday despite a tough new challenge from Microsoft and looming European Union action over alleged privacy violations.

Google's closed at $806.85 on the Nasdaq exchange, up 1.8 percent from Friday's close, after having hit $807 during the day.

That pushed the company's market valuation to $266 billion. The shares were up 14 percent from the beginning of 2013 and 33 percent over the past 52 weeks.

On January 22, Google reported firm 2012 fourth-quarter gains, with profit up 6.7 percent from a year earlier at $2.89 billion. For the full year, Google's earnings grew 10 percent to $10.74 billion, on revenues topping $50 billion.

Several analysts strengthened their recommendations for the shares with price targets ranging from $800 to $900, the latter from Cantor Fitzgerald.

But the company faces fresh challenges.

In a new push for its Outlook email service, Microsoft has launched a negative ad campaign against Google, asking readers if they have been "Scroogled" by Google's use of personal data from users of its Gmail service.

"Think Google respects your privacy? Think again," the Microsoft ads say.

"Google goes through every Gmail that's sent or received, looking for keywords so they can target Gmail users with paid ads."

Microsoft says its Outlook service will not scan emails to target online ads.

On Monday France's CNIL data protection agency said that European data privacy regulators intend to take action against Google after it failed to follow their orders to comply with EU privacy laws.

"At the end of a four-month delay accorded to Google to comply with the European data protection directive and to implement effectively (our) recommendations, no answer has been given," said CNIL.

National authorities responsible for enforcing data protection laws in the EU said they plan to set up a working group to "coordinate their coercive actions which should be implemented before the summer."

-AFP/ac

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Greater US military role in Mali likely after polls: senator

BAMAKO: The United States is likely to play a more active military role in Mali, where French-led forces are battling Islamist rebels, after the country holds elections, the chair of a key Senate sub-committee said Monday.

Washington has been providing intelligence, transport and mid-air refuelling to France, which launched its intervention last month, but cannot work directly with the Malian army until a democratically elected government replaces current leaders who came to power after a coup, said Christopher Coons, chair of the Senate foreign relations committee's Africa sub-committee.

"There is the hope that there will be additional support from the United States in these and other areas, but ... American law prohibits direct assistance to the Malian military following the coup," Coons told journalists in the Malian capital.

"After there is a full restoration of democracy, I would think it is likely that we will renew our direct support for the Malian military," added the senator, who led a bipartisan congressional delegation to Mali to meet with interim president Dioncounda Traore and French and African defence officials.

US military aid to Mali before the March 2012 coup consisted largely of training and equipment such as vehicles, a State Department official said.

But military assistance "would obviously be resumed in a way commensurate with the current needs. Priorities would have shifted a bit," the official added.

"There could be other kinds of assistance that had there not been a coup we could have provided, or requests for things now that we can't provide."

Some US lawmakers criticised President Barack Obama's administration last week for not doing more to help France in Mali.

"This is a NATO ally fighting Al-Qaeda-linked terrorists -- it shouldn't be that hard," said House foreign affairs committee chairman Ed Royce.

The hint of greater US involvement after elections adds to the complicated calculus of picking a date for the polls.

Traore, the interim president, has said he wants elections by July 31.

But critics say that is too soon given the problems Mali still faces, including ongoing insurgent attacks, a deeply divided military and hundreds of thousands of people who have fled their homes.

The minister responsible for organising the elections, Territorial Administration Minister Moussa Sinko Coulibaly, said last week the timeline "can be changed if necessary".

France, which launched its intervention on January 11 as Al-Qaeda-linked groups that had occupied the north for 10 months made incursions into government territory, is keen to share the military burden in Mali, and has announced plans to start bringing its 4,000 troops home in March.

The European Union formally approved a military training mission Monday that will be tasked with getting Mali's under-funded army ready to secure reclaimed territory.

But France is the only Western country with combat troops on the ground, and would like to hand over to some 6,000 west African troops who are slowly being deployed to help.

Mali imploded after a coup by soldiers who blamed the government for the army's humiliation at the hands of separatist rebels in the north.

With the capital in disarray, Al-Qaeda-linked fighters hijacked the independence rebellion and took control of a territory larger than Texas.

-AFP/ac

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Ecuador's Correa declares victory in presidential poll

QUITO: President Rafael Correa declared victory in the first-round of Ecuador's presidential vote Sunday as he celebrated with thousands of supporters in the capital of the South American country.

"We are here to serve you," Correa told a crowd from the balcony of the presidential palace in Quito. "Nothing for us, everything for you: the people who deserve the right to be free."

His announcement came shortly after polls closed in an election he had been widely expected to win. Exit polls gave him about 60 percent of the vote -- and a roughly 40-point lead over his nearest rival, banker Guillermo Lasso.

To avoid a second round, Correa needed to win either 50 percent of the valid vote or 40 percent with a 10 point lead over the nearest contender.

When casting his ballot in a Quito school earlier in the day, the 49-year-old urged Ecuador's 11.7 million registered voters to turn out in large numbers to "elect our future."

"In our hands is our destiny," said Correa, a US educated economist who has been in power since 2007 and is one of a wave of leftist leaders shaping recent Latin American politics.

Correa's presumed win comes as no surprise since pre-election polls showed him with a huge lead over Lasso.

At stake besides the presidency are the country's vice presidency and 137 seats in the unicameral Congress.

As citizens headed to the polls, international observers from UNASUR, a grouping of Latin American countries, reported the process was proceeding normally, although delays were noted at some voting stations.

"I voted for the president because the others only make passing promises and then do not fulfill them," said Mariano Chicaiza, a 68-year-old farmer in Cangahua, an isolated indigenous community in the mountains northeast of Quito.

Lasso, who had around 20 percent backing in the exit polls, voted in Guayaquil, he said, "with great faith that the Ecuadoran people will know to make a better decision."

About 30 percent of Ecuador's 15 million people live below the poverty line, and Correa has won support with popular social programs.

A self-declared foe of neo-liberal economics, he has also taken on big business and media groups, imposing new contracts on oil companies and renegotiating the country's debt while touting his poverty reduction efforts.

After clashing with privately-owned media, which he accuses of backing a police revolt in 2010, Correa barred his ministers from talking with opposition newspapers.

And while he presents himself as a "defender of freedom of expression," Correa wants to enact a new media regulation law.

Last year, Correa irritated Britain and the United States by granting asylum to WikiLeaks founder Julian Assange -- who is wanted for questioning in Sweden over sexual assault allegations -- at Ecuador's embassy in London.

Among Correa's advisers is former computer hacker Kevin Mitnick, a 49-year-old American who spent five years in prison in the United States for hacking into US telecommunications systems.

Critics accuse Correa of scaring away foreign capital, pointing to his friendships with the leaders of Cuba and Venezuela, although the Ecuadoran president has been more pragmatic than his leftist allies.

Ahead of the vote, Correa's Alianza Pais party held the largest bloc of seats in the Congress, but Correa told supporters on Thursday that he needs an absolute majority to deepen his "socialist revolution."

"He needs a reliable, solid and obedient majority," said Simon Pachano, a political analyst. "He has problems now because he does not have a majority in the assembly and has to put it together with alliances."

Lasso, who was finance minister during an economic crisis in the 1990s, had struggled to woo voters.

The other candidates included former president Lucio Gutierrez, a retired army colonel who was ousted by Congress amid a popular revolt in 2005, and the country's richest man, Alvaro Noboa.

Correa has brought a measure of political stability to Ecuador, which had seven presidents in the turbulent decade that preceded him, including three who were overthrown.

Voting is obligatory for people age 18 to 65, and optional for youths 16 years and older as well as for people over 65.

-AFP/ac

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WHO urges vigilance over SARS-like virus

GENEVA: The World Health Organisation on Saturday urged countries to be vigilant over the spread of a potentially fatal SARS-like virus after a new case in Britain brought the global number to 12.

"Based on the current situation and available information, WHO encourages all Member States to continue their surveillance for severe acute respiratory infections (SARI) and to carefully review any unusual patterns," the United Nations health agency said in a statement.

On Friday, British health authorities said that a third member of a family had been diagnosed with so-called novel coronavirus, but was not in danger.

"Although this new case offers further indications of person-to-person transmission, no sustained person-to-person transmission has been identified," said the WHO.

"Testing for the new coronavirus should be considered in patients with unexplained pneumonias, or in patients with unexplained severe, progressive or complicated respiratory illness not responding to treatment," it added.

Clusters of cases, and cases among health workers, should be thoroughly investigated wherever they occur, it underlined.

Britain's Health Protection Agency said the latest person to contract the virus was a relative of two other cases announced earlier this week.

The first member of the family, who was confirmed on Monday as having the virus, had recently travelled to the Middle East and Pakistan. The two relatives had no recent travel history.

A total of 12 cases have been reported to the WHO, with five of them fatal -- three in Saudi Arabia and two in Jordan.

Coronaviruses are to blame for most common colds but can also cause SARS (severe acute respiratory syndrome).

A SARS epidemic killed more than 800 people when it swept out of China in 2003, sparking a major international health scare.

- AFP/fa

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World Bank sees 'enormous potential' in Myanmar

WASHINGTON: A World Bank official said Friday that Myanmar has "enormous potential" as it undergoes reforms, which have led the Washington-based lender to launch a drive to bring electricity to millions.

World Bank East Asia and Pacific vice president Axel van Trotsenburg, who visited this month to open the bank's first office in Yangon since 1987, said he was "very, very encouraged" and sensed a feeling of optimism in Myanmar.

"All in all, we believe the country has enormous potential, provided the reforms are sustained," van Trotsenburg told reporters.

"We see that they will require a lot of hard work, but also there will be solid support by the international community when those reforms are happening," he said.

The World Bank has announced $245 million in assistance for priority needs of Myanmar, formerly known as Burma, once the "rice bowl" of Asia, but which remains desperately poor after decades under military rule.

In a project announced during van Trotsenburg's visit to Myanmar, the World Bank is supporting the installation of gas turbines that aim to boost electricity production by two and a half compared to with the aging current sites.

Van Trotsenburg expected the effort to bring power to an additional five million people, lifting health, education and economic growth in a country where only one-quarter of the population now has access to electricity.

The World Bank last month also approved a $440 million zero-interest loan to Myanmar that will help the country improve its finances and pay back a bridge loan from Japan that allowed Yangon to clear its international arrears.

President Thein Sein launched a series of reforms after taking office in 2011, including freeing political prisoners, loosening censorship and allowing pro-democracy icon Aung San Suu Kyi to enter parliament.

- AFP/fa

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Republicans block vote on Obama's Pentagon nominee

WASHINGTON: US Senate Republicans successfully blocked Chuck Hagel's nomination to be President Barack Obama's next Pentagon chief on Thursday, forcing a 10-day delay in his confirmation vote.

By a vote of 58-40 with one member voting present, Democrats failed to overcome a procedural roadblock put up by Republicans who had demanded more time to receive answers to their questions. One senator was absent.

It leaves Hagel's nomination in limbo while the Senate takes a week-long recess.

Democrats needed 60 votes to end debate on the nomination and head to a floor vote. Senators said the failure to proceed marked just the third time that a so-called "filibuster" against a cabinet nominee was successful.

Democratic Majority Leader Harry Reid took to the floor immediately after the vote to rail against the move, which he saw as "embarrassing the president" at a time of tensions in the Middle East, ongoing war in Afghanistan and North Korea recently testing a nuclear device.

"Republicans have made an unfortunate choice to ratchet up the level (of partisanship) here in Washington," a furious Reid said.

He added that he would call Hagel, a Republican former senator, and say, "I'm sorry for the president, I'm sorry for the country and I'm sorry for you. But I'm not going to give up on you."

In a separate statement, Reid expressed bafflement about what he described as "one of the saddest spectacles I have witnessed in my 27 years in the Senate."

The defeat does not doom Hagel's nomination to lead the Pentagon in Obama's second term, and Reid has already said he would call another procedural vote on the first working day after next week's break.

"I think we all need to take a deep breath," a White House official said on condition of anonymity.

"Senator Hagel is going to be confirmed, if not tomorrow then when the Senate returns from recess."

Republicans had blocked Reid's previous attempts to bring Hagel's nomination up for a vote on the Senate floor, demanding more details on his finances and on Obama's management of a September attack on the US consulate in Benghazi.

Several Republicans including Senators John McCain and Lindsey Graham said Thursday they were ready to drop their blocking tactics, but only after the recess, frustrating White House demands for a vote by the end of this week.

"I really really do hope that nothing happens during the next 10 days, when we won't have a secretary of defense.... I hope nothing goes wrong," Reid said.

Outgoing Secretary of Defense Leon Panetta has discussed his pending departure from Washington and return to California, but officials stress that he will officially remain secretary until a replacement is confirmed.

- AFP/jc

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Slower growth may see EU ease deficit reduction timetable: Rehn

BRUSSELS: EU countries struggling to bring their public deficits back to within EU limits may win more time to meet the target if economic growth slows, European Economic Affairs Commissioner Olli Rehn said Wednesday.

Rehn said in a letter addressed to EU finance ministers that the deficit situation varies greatly across the 27 member states, even if there is a gradual improvement in public finances generally.

The average annual deficit was above 6.0 per cent of Gross Domestic Product in 2009-10, he said, but for 2012 it should be "somewhat above 3.0 per cent," the EU ceiling.

Because of the variations in states meeting the target, "the Commission applies a differentiated approach to consolidation, taking into account" specific circumstances, Rehn said.

"If growth deteriorates unexpectedly, a country may receive extra time to correct its excessive deficit" as long as it has put in place a programme to correct the public finances, he said.

"Such decisions were taken last year for Spain, Portugal and Greece," Rehn added.

French Finance Minister Pierre Moscovici signalled earlier Wednesday that France might revise is targets for growth of 0.8 per cent this year and for reducing the public deficit to less than 3.0 per cent.

Saying that the targets were being held for the moment, Moscovici said the situation was difficult and that "if necessary we are able to have another look, to re-examine the different targets" for growth and for reduction of the public deficit.

Nearly all EU member states have had problems sticking to the deficit limit of 3.0 per cent, having regularly overspent, especially in efforts to boost their economies at the height of the 2008-09 global financial crisis.

Accordingly, many are under Excessive Deficit Procedures whereby Brussels closely monitors their efforts to correct their public finances and may impose fines or other sanctions if they fail to do so by the date set.

- AFP/jc

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Pre-pregnancy folic acid linked to lower autism risk

WASHINGTON: Children born to women who started taking folic acid supplements four to eight weeks before pregnancy appear to be at a lower risk of autism, a study showed on Tuesday.

Pal Suren of the Norwegian Institute of Public Health and colleagues looked into the use of folic acid supplements before and during early pregnancy, and any impact on the later risk of various disorders on the autism spectrum.

"Our main finding was that maternal use of folic acid supplements around the time of conception was associated with a lower risk of autistic disorder," the authors wrote in the Journal of the American Medical Association.

The journal recalled that many countries recommend flour be enriched with folic acid to lower the risk of birth defects, and that women are often advised to take folic acid supplements before and during pregnancy.

Despite the practice, European and North American studies have found that many pregnant women take less folate in their diet than is necessary to prevent neural tube defects.

Suren's research appears to confirm that the advice to take folic acid supplements is well-founded.

The 85,176 Norwegian children who took part in the study were born between 2002 and 2008.

Among the sample, 270 children, or 0.32 percent, were diagnosed with autism spectrum disorders, and researchers found that there was an inverse association between folic acid use and subsequent autism risks.

About 1 in 88 children, or 1.14 percent, in the United States have been identified with an autism spectrum disorder, according to the US Centres for Disease Control and Prevention.

Mothers who took folic acid supplements in early pregnancy had a 40 percent lower risk of having children with autistic disorder compared with mothers who did not take folic acid, the researchers found.

Folic acid is found in naturally high levels in foods such as dark leafy greens, asparagus and broccoli, as well as citrus fruits.

- AFP/de

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US urges G20 to avoid competitive devaluation

WASHINGTON: The United States on Monday urged the Group of 20 economic powers, which holds a meeting later this week, to avoid competitive currency devaluation that would threaten economic growth.

"To ensure growth strategies in the world's largest economies are mutually compatible and promote global growth, the G20 needs to deliver on the commitment to move to market-determined exchange rates and refrain from competitive devaluation," said Lael Brainard, the Treasury official who will lead the US delegation to the meeting.

Japan's recent monetary easing has stoked fears, especially in Europe, of a currency war between the major economies as policymakers seek to devalue their currencies to make exports more competitive.

Brainard, the Treasury under secretary for international affairs, notably called on China to do more to let the yuan float more freely in the market.

"It will be important that China... reinvigorate the move to a market-determined exchange rate and interest rates," she said.

Brainard was speaking at a news conference focused on the G20 finance chiefs meeting that opens Friday in Moscow.

She underscored that some emerging-market economies have tightly run exchange-rate regimes with extensive capital controls.

"The asymmetry in exchange rate policy creates the potential for conflict" and "generates protectionist measures," she noted.

She also called on Beijing to improve its adherence to international trade rules.

The United States regularly accuses China, which had a record US$315 billion trade surplus with the US in 2012, of favouring its state-controlled businesses and subsidizing exports.

Saying that global growth was still weak after the 2007-2009 financial crisis, Brainard warned against complacency and recommended avoiding any severe budget adjustments.

"We must avoid jeopardising the recovery with a premature shift to restraint," she said.

One-third of the G20 advanced and emerging-market economies, which represent almost 90 per cent of the global economy, were in recession, she said.

Brainard said that the International Monetary Fund's recent admission that it had underestimated the impact of austerity plans on growth should raise a red flag when policymakers look at making budget cuts.

"The G20 has to do a better job balancing medium-term fiscal consolidation with the imperative of supporting near-term growth," she said.

"We need to do more to get people back to work."

As for the United States, Brainard said that big across-the-board spending cuts due to take effect March 1, known as sequestration, pose a serious threat to the country. Without an agreement in Congress to avert the cuts, the Defense Department budget will be cut by up to 10 per cent.

"It's important to avoid sequestration, which is a blunt and indiscriminate instrument that poses a serious threat to national security, domestic priorities and the economy, she said.

- AFP/jc

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